Regis Resources Limited · ASX:RRL

Regis Resources — Shareholder Meeting (November 2015)

22 slides from Regis Resources's shareholder meeting presentation, Nov 12, 2015

  1. Slide 1: Regis Resources Ltd Annual General Meeting 12 November 2015

    For personal use only 1 1 REGIS RESOURCES LTD ANNUAL GENERAL MEETING 12 NOVEMBER 2015

  2. Slide 2: Disclaimer & Competent Persons Statement

    DISCLAIMER & COMPETENT PERSONS 22 STATEMENT For personal use only This presentation contains only a brief overview of Regis Resources Limited and its associated entities (“Regis or RRL") and their respective activities and operations. The contents of this presentation, including matters relating to

  3. Slide 3: One Year On

    33 ONE YEAR ON For personal use only FOCUS AT 2014 AGM FOCUS AT 2015 AGM Garden Well February 2014 Garden Well November 2015  Recovering from flood at GW & RMT  GW reserve updated and performing  Understanding and resolving  Operations at steady state and reconciliation challenges at GW optimisa

  4. Slide 4: Review of 2015 Operations

    REVIEW OF 2015 OPERATIONS For personal use only 44 DUKETON OPERATIONS DELIVER STRONG CASHFLOW FY2015 Ore mined (Mbcm) 4.65 Waste mined (Mbcm) 23.70 Stripping ratio (w:o) 5.10 Ore mined (Mtonnes) 11.07 Ore milled (Mtonnes) 9.84 Head grade (g/t) 1.11 Recovery (%) 88 Gold production (ounces ‘000) 310 C

  5. Slide 5: Corporate: Capital Structure

    55 CORPORATE CAPITAL STRUCTURE For personal use only ASX code RRL SHAREHOLDERS Shares on issue 500m Australian insto Last price $2.05 5% 11% 28% Newmont Market capitalisation A$1,024m 9% North American insto Daily turnover (no. shares) 4.1m 13% Directors and mgt Unlisted options 13.7m 15% 19% UK & E

  6. Slide 6: Balance Sheet

    66 BALANCE SHEET For personal use only NET CASH POSITION BUILDING STRONGLY 120 100 80 60 Cash $ Millions 40 Debt 20 Net cash/(debt) - Jun-14 Sep-14 Dec-14 Mar-15 Jun-15 Sep-15 -20 -40 -60 Strong build in cash-flow since flood affected operations in March 2014 quarter • Debt peaked at $61m in the Jun

  7. Slide 7: Production Guidance 2016

    PRODUCTION GUIDANCE 2016 77 GUIDANCE For personal use only Production: 275,000 – 305,000 ounces Cost: AISC A$970 – A$1,070/oz Expansion capital: A$15-20 million GUIDANCE MID-POINT STATISTICS* Moolart Rosemon Garden Total Well t Well Ore mined (Mtonnes) 2.8 2.2 5.6 10.6 Ore milled (Mtonnes) 2.9 2.3 5

  8. Slide 8: FY2016 Q1 Operating Results

    FY2016 Q1 OPERATING RESULTS For personal use only 88 Moolart Rosemont Garden Total Well Well Ore mined (bcm ) 364,919 324,866 577,414 1,267,199 Waste mined (bcm) 1,307,763 2,698,439 1,846,448 5,852,650 Stripping ratio (w:o) 3.58 8.31 3.20 4.62 Ore mined (tonnes) 743,521 736,851 1,519,127 2,999,499 O

  9. Slide 9: Garden Well KPIs

    For personal use only GARDEN WELL KPIs 99

  10. Slide 10: Acquisitions for Growth

    10 10 AQCUISITIONS FOR GROWTH For personal use only MOOLART WELL AREA 10km  Mine life 3 years  Successful reserve replacement of production in recent years through oxides and satellites Moolart Well Recent strategic transactions to further bolster this operation:  Acquisition of 365koz Resource*

  11. Slide 11: Exploration Update

    11 EXPLORATION UPDATE 11 For personal use only SIGNIFICANT RESULTS AT DUKETON IN SEPT15Q  Completed 45,517m of exploration drilling on >10 projects and prospects  Further significant results at a number of projects:  Baneygo – 12km south of Rosemont mill • High grade results continue, resource es

  12. Slide 12: Duketon Near Term Growth

    DUKETON NEAR TERM GROWTH 12 12 CURRENT MINE LIVES For personal use only Project Mine Life Mill tpa Garden Well 7 years ≈ 5 MT Rosemont 6 years ≈ 2 MT Moolart Well 3 years ≈ 3 MT MINE LIFE EXTENSION OPPORTUNITIES Project Status Gloster Resource pending, then DFS Coopers Resource pending Erlistoun Sch

  13. Slide 13: Baneygo Gold Project

    13 BANEYGO GOLD PROJECT 13 For personal use only EXCITING HIGH GRADE RESULTS POINT TO NEW DUKETON PROJECT  12km south of Rosemont  Gold hosted in Quartz Dolerite similar to Rosemont  Baneygo 43koz Au Resource 2004 in 4 small deposits  Regis drilled on 40m traverses 330 RC holes for 31,100m  Hig

  14. Slide 14: Baneygo Drill Results

    14 BANEYGO DRILL RESULTS 14 For personal use only Hole No Northing (mN) Easting (mE) Hole Depth From (m) To (m) Interval (m) Gold g/t (m) RRLBYRC002 6907462 431925 114 50 83 33 8.35 RRLBYRC023 6906712 432197 102 35 42 7 8.96 RRLBYRC024 6906721 432235 168 87 110 23 2.55 RRLBYRC034 6906092 432357 78 2

  15. Slide 15: Baneygo Gold Project

    BANEYGO GOLD PROJECT For personal use only 15 15 Baneygo A$1,400/oz pit shells based on recent Regis drilling Baneygo Beacon Block Model g/t Au Baneygo South Sydney Mint $1,400/oz pit shells capturing significant drilling outside existing historical Resources in the 3km area tested 15

  16. Slide 16: Rosemont to Baneygo

    16 ROSEMONT TO BANEYGO 16 For personal use only Rosemont REGIONAL SCALE OPPORTUNITY  Rosemont-Baneygo trend 20km, significant intercepts but poorly tested.  Quartz dolerite host rock at Rosemont continues to Baneygo and further south 22m @ 2.6g/t, f 22m  Recent RC drilling around Baneygo. 10km Ki

  17. Slide 17: Idaho Gold Prospect

    IDAHO GOLD PROSPECT For personal use only 17 17 New Gold discovery Idaho 2km north of Baneygo Idaho Gold Prospect Baneygo Gold Deposit North Block Model g/t Au 17

  18. Slide 18: Rosemont Deeps

    18 ROSEMONT DEEPS 18 For personal use only South North 500mRL 300mRL 100mRL High Grade Southern shoot where 6 hole DD programme was completed originally thought High Grade Central shoot under to be plunging south. New interpretation has Rosemont Main pit plunging north shoot plunging north • Further

  19. Slide 19: McPhillamys (NSW)

    19 McPHILLAMYS (NSW) 19 For personal use only FOCUS ON KEY INFRASTRUCTURE BEFORE MOVE TO PFS  250km west of Sydney  Gold resource 2.2Moz  100% Regis owned  Conceptual studies show viable project  Current focus on key infrastructure  Will then move to PFS  Well established gold mining district

  20. Slide 20: Recap

    RECAP For personal use only 20 20  Duketon operations steady state and optimising  Strong cash-flow underpinning dividends and growth  Minimal capital reinvestment required at the Duketon operations  Continued exciting exploration results at Duketon • Including Baneygo, Idaho, Tooheys Well & Coo

  21. Slide 21: JORC Compliant Mineral Resources March 2015

    JORC COMPLIANT MINERAL RESOURCES 21 21 31 MARCH 2015 For personal use only Group Mineral Resources as at 31 March 2015 Gold Measured Indicated Inferred Total Resource Competent Cut-Off Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal

  22. Slide 22: JORC Compliant Ore Reserves March 2015

    JORC COMPLIANT ORE RESERVES 22 22 31 MARCH 2015 For personal use only Group Ore Reserves as at 31 March 2015 Gold Proved Probable Total Ore Reserve Competent Cut-Off Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Tonnes Gold Grade Gold Metal Project Type Person3 (g/t)2 (Mt) (g/t) (koz) (M

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